Financing

Downtown Retail in Historic Buildings Loan

The Downtown Retail in Historic Building Loans Product is designed to attract retailers to historic buildings in an effort to improve the facades and first floor interior spaces of historic buildings in Downtown Pittsburgh and in the historic Main Street communities that are part of Allegheny County’s Allegheny Together Program.

Current criteria for this loan product are as follows:

Eligibility: Retail lessees and building owners (may be an individual, partnership or corporation)

Uses: Building-related improvements, which include first floor interiors that are visible from the building’s exterior; also includes storefronts and facades

Loan Amount Range: $5,000 — $30,000

Max Loan-to-Value: 100%

Max Term: 60 months

Rate: 2.6% or 5.25% (lower rate applies to borrowers who agree not to alter their storefront or facade for at least five years)